(正确答案:GNP refers to the market value of goods and services produced by the property and labor owned by the residents of aneconomy.GDP measures the market value of all goods and services produced within the geographic area of an economy.Thedifference between GNP and GDP is that the former...
Explain how consumers choose goods and services to maximize their utility. Explain the difference between public goods end common resources. Give an example of each. Explain and evaluate the following statement. People often say they would like to have more money, ...
Explain the difference between a quota and a tariff. Which is more effective and why?Trade:The transactions of goods and services through the international countries is termed trade. It process of selling and buying across the countries is required through trade. It also ...
Click here:point_up_2:to get an answer to your question :writing_hand:explain the difference between primary secondary and tertiary sectors using examples
Explain the difference between public goods end common resources. Give an example of each. For Google, how can we describe the services and tangible products that this organization provides? Explain with examples. Are all government pro...
经济学名词解释资料(Economic terms explain the data).doc,经济学名词解释资料(Economic terms explain the data) Economics is a modern independent discipline that studies how a society uses scarce resources to produce valuable goods and services and distr
asocietyusesscarceresourcestoproducevaluablegoodsand servicesanddistributesthemamongdifferentpeople. Economicsmainlycarriesonthreeconsiderations:(1)the scarcityofresourcesisthepremiseofeconomicanalysis;the choicebehavioristheobjectofeconomicanalysis;andthe effectiveallocationofresourcesisthecentralgoalof ...
London is a marriage market as there are so many matchmaking services provided. Methods to test hypothesis ... Learn more about this topic: Z Test vs. T Test | Differences, Formula & Examples from Chapter 5/ Lesson 1 516K Learn the difference between t-test and ...
The critical difference between service and manufacturing- Service- The service organization provides intangible and perishable products. It demands...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough ...
Explain the distinction between high time preference and low time preference. Describe the supply model and its purpose. Explain the difference between public goods and private goods. Give example of each. Explain why governments need to provision public goods. ...